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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

British Pound/Mauritius Rupee (FOREX:GBPMUR)

Weak Downtrend (-65) - GBPMUR is showing signs of a strengthening downtrend. Monitor GBPMUR as it may be building momentum to the downside.

Is it time to buy, sell, or avoid GBPMUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPMUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPMUR
Open High Low GBPMUR Price Change
58.500059 58.625294 58.213539 58.569674 +0.069615
Entry Signal

MarketClub’s Trade Triangles for GBPMUR

long term down The long-term trend has been DOWN since Mar 12th, 2024 at 55.149757

intermediate term down The intermediate-term trend has been DOWN since Mar 12th, 2024 at 56.601350

short term down The short-term trend has been DOWN since Mar 12th, 2024 at 58.594125

Smart Scan Analysis for GBPMUR

Based on our trend formula, GBPMUR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for GBPMUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
58.500059 58.625294 58.213539 58.569674 +0.069615
Prev. Close Volume Bid Ask Time
58.500059 2024-03-19 02:28:55
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